Pending

$1,099,990

21 Franklin St, Milford, MA 01757

10beds

4,522sqft

$7,472/mo

Get pre-qualified

5+ Family - 5+ Units Up/Down

Built in 1902

-- sqft lot

$-- Zestimate^®

$243/sqft

$-- HOA

What's special

INVESTORS TAKE NOTICE! Rare opportunity to own a 5-unit multifamily property in Milford generating approximately $9,200 per month / $110,400 annually in gross rental income. Current rents are below market, offering potential for increased rental income and additional upside for the next owner. This income-producing property features an expansive off-street parking area located behind the building with space for approximately 15+ vehicles, along with lead compliance/certification documentation. Situated on a generous lot with potential for additional development or an ADU. Conveniently located near downtown Milford, shopping, restaurants, and major routes. An excellent opportunity for investors seeking an established multifamily property with strong current income, below-market rents, separate utilities and future growth potential. (buyer to due diligence).

41 days
31
0

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 6
Full bathrooms: 6

Heating

Natural Gas

Cooling

Window Unit(s)

Appliances

Included: Range, Refrigerator

Features

Ceiling Fan(s), Living Room, Kitchen
Flooring: Wood
Basement: Partial
Has fireplace: No

Interior area

Total structure area: 4,522
Total interior livable area: 4,522 sqft
Finished area above ground: 4,522
Finished area below ground: 1,921

Property

Parking

Total spaces: 12
Parking features: Paved Drive, Off Street, Paved
Uncovered spaces: 12

Lot

Size: 0.51 Acres
Features: Level

Details

Parcel number: 0269,1617691
Zoning: RA

Construction

Type & style

Home type: MultiFamily
Property subtype: 5+ Family - 5+ Units Up/Down

Materials

Frame
Foundation: Stone, Irregular
Roof: Shingle

Condition

Year built: 1902

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: for Gas Range

Community & HOA

Community

Features: Public Transportation, Shopping, Park, Walk/Jog Trails, Medical Facility, Laundromat, Highway Access, Public School, Other

Location

Region: Milford

Financial & listing details

Price per square foot: $243/sqft
Tax assessed value: $929,000
Annual tax amount: $11,789
Date on market: 8/31/2026
Total actual rent: 9200
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/22/2026	Pending sale	$1,099,990$243/sqft
Source: MLS PIN #73567324 Report a problem
9/9/2026	Contingent	$1,099,990$243/sqft
Source: MLS PIN #73567324 Report a problem
8/24/2026	Listed for sale	$1,099,990$243/sqft
Source: MLS PIN #73567324 Report a problem